Zimbabwe is considering exporting surplus wheat to Mozambique from this year’s anticipated harvest of 420 000 tonnes, well above the country’s requirements of 360 000 tonnes a year. Last year, a record harvest of over 375 000 tonnes was achieved after planting wheat on 80 000 hectares, and that created …
Read More »‘Difficult’ Terrain Keeps Tanganda Optimistic
Tanganda Tea Company Ltd (TTCL) says it is optimistic that it has all the necessary mitigatory strategies to navigate the difficult terrain during the remaining part of the financial year. This comes as the economic and operating environment is expected to remain difficult on the backdrop of continued exchange rate …
Read More »Caledonia Declares Quarterly Dividend
Victoria Falls Stock Exchange (VFEX)-listed group, Caledonia Mining Corporation, has declared a quarterly dividend of US$0.14 on each of the entity’s shares expressing optimism that various opportunities are available to evolve as a business. The firm has been consistent in paying dividends to shareholders. “Caledonia Mining Corporation Plc (“Caledonia” or …
Read More »Indian Firm Eyes Partnering Zim Govt In Digital Financial Services
Techurate Systems, an Indian global smart banking technology firm, has hinted on plans to partner the Zimbabwean Government in offering digital financial services and streamlining the unbanked enterprises as the country moves to grow its financial inclusion drive. Zimbabwe has about 31 000 Savings and Credit Cooperative Organisation (SACCOs), with …
Read More »Khaligraph Jones: Ex-Bouncer Who Stuck To Hip Hop
Khaligraph Jones is an award-winning rapper from Kenya who has stood by his genre despite all the other musical trends making waves on the continent – and it has paid off. He was born Brian Ouko Omollo and raised in the Kayole neighbourhood of Nairobi and says he was attracted …
Read More »Kenya’s Chebet Takes Gold At Diamond League
Kenya’s Beatrice Chebet led an African top three in the women’s 3000m at the Diamond League meeting in Stockholm, Sweden on Sunday. In difficult weather conditions she recorded her season’s best time of 14 minutes 36.52 seconds. Ethiopia’s Lemlem Hailu and Medina Eisa came second and third Ethiopia monopolised the …
Read More »IH Securities Predicts 6pc Hippo Valley Revenue Drop
Financial services firm, IH Securities projects revenue for sugarcane miller Hippo Valley Estates Limited (HVEL) to reach US$141 million for its current financial year, a decrease from the comparative period owing to duty-free sugar imports. Based on its financial results released last month, HVEL revenue was $139,26 billion in the …
Read More »SA Women’s Team Escalates Preps Ahead Of This Month’s World Cup
South Africa have seen their preparations for this month’s Women’s World Cup thrown into disarray just 48 hours before departing for the tournament in Australia and New Zealand. The squad selected by coach Desiree Ellis did not participate in Sunday’s final warm-up fixture on home soil, meaning a back-up team, …
Read More »On-going Infrastructure Projects Positively Impacting Financials Of Local Construction Companies
Zimbabwe Stock Exchange (ZSE) listed firms with a focus on construction are excited by the number of infrastructure projects that are in the market driven by Government, corporates and individuals as they form a critical mass for sustainable revenue and profitability in the short to medium term. The companies noted …
Read More »Winky D, Nutty O To Feature On Upcoming Posthumous Bob Marley Album
Jamaica is smiling on Zimdancehall kingpin Winky D as he is set to breathe life into one of iconic songs by Robert Marley, ‘So much trouble in the world’, barely two months after scooping the best African Dancehall entertainer in the Caribbean country. Winky D will join forces with Nutty …
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